Alaska Air Group, parent of Alaska Airlines and Horizon Air, eked out a small but noteworthy profit of $2.8 million before special items in the historically challenging winter quarter, reversing an adjusted net loss of $41.7 million in the year-ago period.
AAG previously had said it would record an impairment charge of $131.1 million ($81.9 million after-tax) during the period to reflect the early retirement of its MD-80 fleet. Including the impact of this charge, partially offset by fuel ...